22 Sep
|
Synergix
|
Mumbai
Job Summary
The Chartering Manager will be responsible for leading and executing the company’s dry bulk commercial operations within an asset-light operating model.
The role focuses on managing chartered-in tonnage against cargo commitments, optimizing freight spreads, and driving voyage profitability.
The position requires full ownership of freight trading execution, charterparty negotiations, market positioning, and voyage P&L; performance. The Chartering Manager will operate in a commercially dynamic environment, balancing cargo exposure, vessel cover, and market volatility to generate sustainable margins.
This is a pure operator role, with emphasis on freight optimization rather than asset ownership.
Key Responsibilities
Commercial & Freight Trading Execution
- Develop and manage a balanced portfolio of cargo contracts (COAs, spot cargoes) and chartered-in tonnage.
- Optimize freight spreads between cargo revenue and vessel hire.
- Execute time charter, voyage charter, and COA fixtures.
- Position vessels strategically based on forward market expectations.
- Actively manage market exposure (spot vs period exposure strategy).
- Monitor Baltic indices and route economics to guide commercial decisions.
Charterparty Negotiation & Contract Management
- Lead negotiations with owners, charterers, brokers, and operators.
- Structure charterparty terms aligned with risk management strategy.
- Review and negotiate CP clauses including laytime, demurrage, bunker clauses, and performance warranties.
- Ensure commercially robust fixtures with optimized terms and optionality.
Voyage P&L; Ownership
- Prepare detailed voyage estimates and sensitivity analysis.
- Monitor actual voyage performance versus estimates.
- Manage hire, freight, demurrage, dispatch, and claims.
- Identify and implement cost optimization strategies.
- Report voyage profitability and variance analysis to management.
Market Intelligence & Strategy
- Maintain real-time awareness of freight markets across Handy, Supramax,
and Panamax segments.
- Develop freight forecasts and commercial positioning recommendations.
- Provide structured reporting to senior management and the Board.
- Identify arbitrage opportunities across regions and vessel sizes.
Operational & Cross-Functional Coordination
- Ensure seamless communication between post-fixture and the account teams.
- Coordinate with operations to maximize tradable days and minimize idle time.
- Work closely with technical managers (where applicable) to optimize vessel performance and off-hire management.
- Support bunker procurement strategy in coordination with operations.
Business Development & Network Building
- Expand relationships with cargo interests, traders, brokers, and shipowners.
- Develop new cargo streams and tonnage sourcing channels.
- Enhance the company’s commercial profile within the dry bulk market.
Risk Management & Claims
- Manage exposure related to freight volatility and operational risks.
- Correspond with P&I; Clubs and legal advisors on claims when required.
- Support arbitration processes when necessary.
Required Competencies
- Strong freight trading mindset with commercial discipline.
- Proven ability to generate freight margin in volatile markets.
- Deep understanding of dry bulk chartering structures (TC, VC, COA).
- Advanced analytical skills for voyage economics and market forecasting.
- Strong negotiation capability across complex CP clauses.
- Resilient and performance-driven in high-pressure environments.
- Strategic thinker with strong numerical and commercial acumen.
Job Requirements
- Minimum 5 years’ experience in dry bulk chartering within an operator environment.
- Proven track record in managing chartered-in tonnage and cargo books.
- Experience in Handy/Supramax markets preferred.
- Robust network of brokers, owners, and charterers.
- Proficiency in IMOS (VIP preferred) and voyage accounting systems.
- Excellent English communication skills (written and verbal).
- University degree in Maritime Studies, Shipping, Business, or related discipline.
📌 Chartering Manager (Mumbai)
🏢 Synergix
📍 Mumbai